1268 E 169th St Cleveland, OH 44110
North Collinwood NeighborhoodEstimated payment $873/month
Highlights
- Deck
- 2 Car Detached Garage
- Forced Air Heating System
- No HOA
About This Home
ATTENTION INVESTORS: TURNKEY SECTION 8 BRICK CASH COW IN WATERLOO ARTS DISTRICT — $1,395/MO WITH UPSIDE BUILT IN This one checks all the investor boxes: CMHA Section 8 tenant paying 100% $1,205/mo, plus an additional $190/mo in garage rent from the same tenant — total of $1,395/mo in collected rent. And it’s due for a rent increase, offering baked-in upside. Tenant is stable, cooperative, and happy to stay. Located in Cleveland’s exploding Waterloo Arts District, this neighborhood is seeing surging demand, appreciation momentum, and an influx of culture, restaurants, and nightlife. With Euclid rents influencing the CMHA range in this pocket, Section 8 payouts are stronger here than typical east side comps. This is a prime appreciation + cashflow play. Value-add potential: large dry basement — could easily support 2 additional bedrooms + bath, pushing rent another $500–$700/month for minimal build out. CapEx already completed: Quality remodel! full interior repaint, painted basement, good mechanicals, updating throughout. Solid rick exterior, large windows with great natural light, long private driveway, and single car garage with existing rental income. Next to a city-owned vacant lot — extra privacy, elbow room and light. LEAD BASED PAINT TESTING COMPLETED AND PASSED. Fully rehabbed, rent-stabilized, well maintained, low-maintenance asset. Strong lease is transferrable and very owner-protective. PART OF A LARGER STABILIZED SECTION 8 PORTFOLIO — INQUIRE FOR INFORMATION ON OTHER LISTINGS. Do not disturb tenants. 48-hour notice typically required for showings. Showings after accepted offer. Artistic marketing renders and photos are transferable to buyer for future use in listings.
Listing Agent
Team Results Realty Brokerage Email: 614-382-2124, scottamarvin@gmail.com License #2018003245 Listed on: 06/26/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,835
Year Built
- Built in 1928
Parking
- 2 Car Detached Garage
Home Design
- Split Level Home
- Brick Exterior Construction
- Block Foundation
- Vinyl Siding
Interior Spaces
- 1,012 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
- Range
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Main Level Bedroom
- 2 Full Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Additional Features
- Deck
- 4,400 Sq Ft Lot
Community Details
- No Home Owners Association
- Moses Subdivision
Listing and Financial Details
- Assessor Parcel Number 113-24-088
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,835 | $27,440 | $5,250 | $22,190 |
| 2023 | $1,271 | $16,390 | $3,680 | $12,710 |
| 2022 | $1,263 | $16,380 | $3,680 | $12,710 |
| 2021 | $1,252 | $16,380 | $3,680 | $12,710 |
| 2020 | $1,579 | $14,350 | $3,220 | $11,130 |
| 2019 | $1,174 | $41,000 | $9,200 | $31,800 |
| 2018 | $1,170 | $14,350 | $3,220 | $11,130 |
| 2017 | $1,140 | $13,480 | $3,080 | $10,400 |
| 2016 | $1,131 | $13,480 | $3,080 | $10,400 |
| 2015 | $2,844 | $13,480 | $3,080 | $10,400 |
| 2014 | $2,844 | $15,480 | $3,540 | $11,940 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/26/2025 06/26/25 | For Sale | $139,000 | +71.6% | $137 / Sq Ft | |
| 09/11/2023 09/11/23 | Sold | $81,000 | -9.9% | $80 / Sq Ft | View Prior Sale |
| 08/28/2023 08/28/23 | Pending | -- | -- | -- | |
| 08/04/2023 08/04/23 | For Sale | $89,900 | 0.0% | $89 / Sq Ft | |
| 08/01/2023 08/01/23 | Pending | -- | -- | -- | |
| 06/23/2023 06/23/23 | Price Changed | $89,900 | -5.4% | $89 / Sq Ft | |
| 04/28/2023 04/28/23 | For Sale | $95,000 | 0.0% | $94 / Sq Ft | |
| 04/10/2023 04/10/23 | Pending | -- | -- | -- | |
| 04/04/2023 04/04/23 | For Sale | $95,000 | -- | $94 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $83,640 | Black Tie Title | |
| Warranty Deed | $81,000 | Titleco Title | |
| Warranty Deed | $52,500 | None Available | |
| Warranty Deed | $75,000 | None Available | |
| Quit Claim Deed | $41,000 | Accommodation | |
| Warranty Deed | $18,500 | Titleco Title Agency Ltd | |
| Warranty Deed | $8,000 | Mount Morris Title Agency | |
| Sheriffs Deed | $13,332 | None Available | |
| Deed | $47,500 | -- | |
| Deed | $30,000 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $66,912 | Credit Line Revolving | |
| Previous Owner | $47,955 | FHA |
Source: MLS Now
MLS Number: 5134806
APN: 113-24-088
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
- 1261 E 167th St
- 1242 E 170th St
- 1241 E 173rd St
- 1201 E 172nd St
- 17216 Grovewood Ave
- 16207 Arcade Ave
- 16110 Huntmere Ave
- 1166 E 176th St
- 1082 E 171st St
- 1113 E 177th St
- 15901 Pythias Ave
- 17620 Saint Clair Ave
- 378 E 156th St
- 1357 E 170th St
- 1040 E 177th St
- 17834 Dillewood Rd
- 15401 Macauley Ave
- 15220 Lucknow Ave
- 1387 Clearaire Rd
- 15301 Parkgrove Ave
- 1271 E 169th St Unit 1
- 16108 Parkgrove Ave Unit Upstairs
- 364 E 161st St Unit 1/DN
- 1125-E174 E 174th St Unit efficentcy
- 15819 Huntmere Ave Unit Cleveland OH
- 451 E 156th St Unit 3
- 15416 Waterloo Rd
- 15300 Waterloo Rd
- 15300 Waterloo Rd Unit 1
- 125 E 156th St
- 430 E 149th St Unit 2/UP
- 430 E 149th St Unit 1/DN
- 476 E 148th St Unit 1
- 471 E 147th St Unit 1
- 471 E 147th St
- 414 E 147th St Unit DN
- 19121 Nottingham Rd
- 14917 Darwin Ave
- 1450 E 196th St
- 792 London Rd Unit 792